The productivity boom in the British car industry benefited workers, with a caveat

Teichgraeber, Andreas and Obermeier, Tim (2024) The productivity boom in the British car industry benefited workers, with a caveat. LSE Business Review (05 Nov 2024). Blog Entry.

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Abstract

Productivity growth can play an important role in raising wages. The UK car industry experienced fast productivity growth over the past 40 years, and by the 2010s car workers were earning about 37 per cent more than the average manufacturing employee. Andreas Teichgraeber and Tim Obermeier write that while wages have gone up, the share of the productivity gains going to workers has declined.

Item Type:	Online resource (Blog Entry)
Official URL:	https://blogs.lse.ac.uk/businessreview/
Additional Information:	© 2024 The Author(s)
Divisions:	Centre for Economic Performance
Subjects:	H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Date Deposited:	19 Dec 2024 15:00
Last Modified:	19 Dec 2024 15:00
URI:	http://eprints.lse.ac.uk/id/eprint/126446

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